Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


21.01.2011 08:57

Forex: Thursday's review

The Australian and New Zealand dollars declined against most of their major peers as speculation that China will take more measures to cool growth dented demand for higher-yielding currencies.
The U.S. currency and the yen strengthened as equity losses boosted demand for a refuge. Data showed China’s economic growth accelerated, adding to pressure for monetary tightening. 
The dollar pared gains against the common currency before data that economists predict will show U.S. continuing jobless claims increased and home-sales growth slowed.
China’s economic growth quickened to an annual rate of 9.8% in the fourth quarter, up from 9.6% in the prior three months, the statistics bureau said. Consumer prices rose 4.6% in December from a year earlier, compared with 5.1% the previous month.
The People’s Bank of China will increase the key one-year lending rate to 6.81% from 5.81% this year and let the yuan strengthen about 6% against the dollar, Nomura Holdings Inc. forecast this week.
New Zealand’s dollar retreated from near the strongest this year. The government said consumer prices rose 2.3% in the fourth quarter from the previous three months, when they advanced 1.1% . Economists forecast 2.4% growth.
The euro gained against the pound and the yen as statistics showed German producer prices climbed at the fastest pace in seven months. 

EUR/USD: the pair bargained within the limits of $1,3390-$ 1,3525.
GBP/USD: the pair decreased in around $1,5900.
USD/JPY: the pair  become stronger in around Y83,00

UK data includes retail sales for December as well as lending data from the BoE. Retail sales are expected to decline by a reading of -0.3% m/m, +1.1% y/y with ex-auto data unchanged m/m, 1.5% y/y.
European data for Friday starts at 0745GMT with manufacturing & services sentiment data from France for January. However, the main release from core-Europe is the German Ifo data for January, which is due at 0900GMT. The main index is expected to remain around the last 109.9 reading with the median forecast in an MNI survey coming in at 110.0. European data continues in the afternoon with the Belgian National Bank business sentiment data, which is expected to slip to a reading of +2.3.

21.01.2011 07:53

Stocks: Thursday's review

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page